Algeco

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Algeco

logo
legal form GmbH
founding 1955
Seat Kehl , Germany
management Dietmar Müller, James O'Malley, Sundip Thakrar Management
Number of employees around 500
Branch Real estate company , modular construction
Website www.algeco.de
As of June 5, 2020

The Algeco GmbH is a service company with headquarters in Kehl . The company designs and builds modular buildings as temporary or permanent residential, work or school and kindergarten buildings. The Algeco GmbH with its 14 locations and around 500 employees in Germany belongs to the international Algeco Scotsman Group.

history

Algeco was founded in 1955 in Mâcon, France, as a rental company for storage facilities in viticulture. The company later expanded its business model to include the rental of tank wagons, and in 1966 VTG , a wagon rental company that was already part of Preussag , joined Algeco. Founded in 1972 in Kehl and active in the container rental sector, MBM MietSysteme has been part of Algeco since 1990. In 1996, Algeco took over the construction machinery and construction site accommodation rental company Hada.

Algeco modular office building

The Preussag Group, now renamed TUI, sold its shares in Algeco to the financial investor TDR Capital in 2004.

Since 2004

Under the direction of TDR Capital, Algeco was rebuilt and numerous companies were integrated into the group. In 2005 the British Elliott Group was bought and in 2006 the newly founded Algeco GmbH in Germany merged with its sister company Hada. In 2007, the US-based company William Scotsman was taken over by TDR Capital and merged with Algeco to form today's Algeco Scotsman Group. In the same year, TDR Capital completes the takeover of GE Modular Space and integrates the company into the newly founded Algeco Scotsman Group. GE Modular Space was part of the GE Equipment Services division , part of the General Electric Group that is also active in Germany .

In the following years the company expanded further and in 2011 took over Ausco in Australia and Portacom in New Zealand and in 2013 the Eurobras Group in Brazil and Target Logistics in the USA.

Corporate structure

The company has two business areas, the rental of containers and the construction of turnkey, mobile buildings for living, learning and working. The solutions range from temporary buildings for rent to high quality permanent buildings. Thanks to the modular construction , the buildings remain spatially flexible after completion. A change of use, an extension, conversion or dismantling as well as a change of location are possible.

Algeco modular assembly

Algeco has locations in Europe , Asia , Australia and New Zealand . With the exception of Great Britain (Elliott), the company operates in Europe under the brand name Algeco. In Australia, Algeco operates under Ausco, in New Zealand under Portacom and in China under Algeco Chengdong.

Web links

Individual evidence

  1. ^ Algeco: Algeco company. Retrieved May 29, 2017 .
  2. ↑ Anja Steinbuch: Living dignified. (No longer available online.) Weser Kurier, August 17, 2016, formerly in the original ; Retrieved May 29, 2017 .  ( Page no longer available , search in web archives )@1@ 2Template: Toter Link / www.weser-kurier.de
  3. ^ Preussag AG: Time travel. Full load. In: profile Das Magazin. September 1, 1999, accessed May 29, 2017 .
  4. ↑ Algeco: About Us. (No longer available online.) Archived from the original on September 8, 2017 ; Retrieved May 29, 2017 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.algeco.cz
  5. ↑ a b online-handelsregister.de: excerpt from the commercial register of HADA limited liability company rental station for construction machines and construction site accommodation. February 21, 2006. Retrieved May 29, 2017 .
  6. ^ Algeco: History. (No longer available online.) Archived from the original on September 8, 2017 ; accessed on May 29, 2017 (English). Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.algeco.cz
  7. ↑ dpa-afx: Tui completes sale of Algeco to TDR Capital for € 320 million. Handelsblatt.com, September 16, 2004, accessed May 29, 2017 .
  8. ↑ TUI sells Algeco shares. Kölnische Rundschau, July 16, 2004, accessed on May 29, 2017 .
  9. ↑ Mark Kleinman: £ 4bn UK-Owned Construction Group Eyes float. Sky News, January 13, 2014, accessed May 29, 2017 .
  10. ^ Algeco Scotsman: Our Mission & Company. Archived from the original on June 8, 2017 ; accessed on May 29, 2017 (English).
  11. ^ Algeco Scotsman: Algeco Scotsman Group Moves Corporate Office to Baltimore's Harbor. Market Wired, February 7, 2012, accessed May 29, 2017 .
  12. ^ Algeco Scotsman: Algeco Scotsman Acquires Eurobras. Market Wired, January 30, 2012, accessed May 29, 2017 .
  13. ^ Gary Haber: Algeco Scotsman to buy Target Logistics for up to $ 625M. Baltimore Business Journal, February 12, 2013, accessed May 29, 2017 .
  14. ↑ Ulrich Land: Boom industry container. SWR2, June 3, 2016, accessed May 29, 2017 .
  15. ↑ Room solutions for living, learning or working. Deutsches Ingenieurblatt, November 2, 2016, accessed on May 29, 2017 .
  16. ↑ Algeco: Locations worldwide. Retrieved May 29, 2017 .